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Brompton, SA 5007

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Brompton, SA 5007 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Brompton, SA 5007”

  1. The total adult population (15 years or older) of Brompton 5007 SA is 3,328, with a median age of 36. Of those, 26.65% are married, 14.99% are divorced or separated, 51.29% are single and 7.24% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $8,856. The median monthly mortgage repayment for households in this suburb is $1,733 which is 19.57% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburban area of Brompton, postcode 5007, is situated in South Australia, hosting an approximation of 2082 households. As we move into the third quarter of 2023, the property market trends observed for houses in Brompton reflect typical prices of around $740,789. When considering this in conjunction with the median weekly rent, which sits at $517, this generates an indicative yield of 3.63%, comfortably exceeding the minimum attractive market requirement of 3% for cashflow-focused investors.

    In terms of socio-economic factors, Brompton scores a promising 1008 out of 1217 on the Index of Relative Socio-economic Advantage and Disadvantage (IRSAD). This score suggests a comparatively higher income bracket, skill level, and access to economic resources among Brompton’s residents.

    Considering the housing situation more closely, it is noteworthy that the renter to owner ratio in Brompton is 53%. This figure slightly exceeds the desirable limit of 45%, signalling a higher inclination towards renting in the area, which might bring in more competition for property investors. Moreover, units only constitute 8% of the housing market, a low ratio that generally encourages less competition amongst landlords and potentially longer-term tenancies.

    In terms of housing affordability, Brompton’s index suggests 33 years of homeownership costs, indicating a somewhat less affordable market given that estimates are primarily based on a conventional 30-year mortgage.

    Turning our attention to supply metrics, the stock on the market percentage for houses is favourable at just 0.08% and the inventory level rests at a quite favourable 0.27 months. The building approvals Ratio is also low at 0.68%, indicating a constrained supply of new dwellings.

    Adding to this optimistic outlook, homes in Brompton have a relatively low average market duration of 32 days, signalling high demand. This is further supported by an exceedingly low vacancy rate of 0.64% for a combination of houses and units. Finally, Brompton scores 5 on the buy search index indicating neutral levels of interest from potential buyers online.

    In summary, the Brompton property market showcases some favourable conditions with some room for improvement. A comprehensive understanding of trends and careful consideration is essential for any real estate investment, hence monitoring ongoing market developments is crucial. And finally, as a brief aside, the Relative Composite Score metric devised by HtAG Analytics offers an all-encompassing summary of over 80 metrics, serving as an automated and reliable tool for all your property research and investment needs.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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